2015-03-16

City Year New York is able to grow and flourish with the incredible support of the New York investment community. This is made possible by countless people, but specifically 15 professionals and leaders from various hedge funds and private equity firms who make up the City Year New York’s Investment Community Board (ICB).

The ICB held their 5th Annual Investment Community Breakfast this morning and featured Pimm Fox, an anchor on Bloomberg Television; Dave Gilboa, Co-founder and Co-CEO of Warby Parker; and Jeff Raider, Co-founder and Co-CEO of Harry’s.

Erica Hamilton, City Year New York’s Executive Director, took the stage during the breakfast program and revealed the staggering statistics surrounding high school graduation rates in New York City and the factors that play into these figures. She went on to talk about the role that AmeriCorps Members (ACMs) play within the schools and communities in which we work. Erica also spoke to her own experience working for companies such as Citi Bank and Goldman Sachs, and explained that the ways in which the metrics and data-driven culture of the private sector closely aligned to that of City Year. 

Following Erica’s introduction, four ACMs throughout the room stood and spoke about a “day in the life” in New York City public schools and the issues that their students face on a daily basis.

Abby Hahn, an AmeriCorps Member on the Harry’s team at Isaac Newton Middle School, talked about providing social-emotional her students.  “It is not just academics that my students struggle with. They struggle with their behavior and managing their emotions.

In a similar vein, Eleanor Aldos, who serves at PS 345K, addressed student motivation and the ways in which ACMs support teachers within the classroom:  “Even with the best teachers, we know that students who are behind need more than a great lesson every day – they need a group of people who are there for them. I provide a positive, encouraging and safe presence in the classroom. During in-class support I monitor and move around helping students to get back on task when they have lost focus. I pull students out of the classroom to deliver much needed one-on-one or group tutoring and instruction.”

After these testimonials, the program transitioned into our speaker panel, wherein Pimm spoke briefly with Jeff and Dave about the role of education within their own upbringings. Both Co-CEO’s provided anecdotes from their time together at Wharton School of Business, and the way in which their idea for Warby Parker was born. Specifically, they talked about the importance of building a for-profit start-up deeply rooted in social activism.  Jeff mentioned Harry’s involvement with City Year through their Give-a-Shave model, and explained to the room why it was important for companies like Harry’s to make this a part of their mission.

Click here to see more photos from the breakfast.

We would like to thank Weil, Gotshal & Manges and Todd Lang for hosting this event and thank you to City Year New York Board Member, Brian Berger for his donation of gifts from Mack Weldon.

And a final thank you to our Investment Community Board (listed below) and to all of our attendees for their ongoing investment in City Year.

REED CARROLL | Becker Drapkin Management
DREW CHIN | Harvard Management
JIM DAVIS | Woodson Capital Management
BEN FARKAS | Hellman & Friedman
CARYN FEINBERG | Probitas Partners
SHREYAS GUPTA | Sandell Asset Management
WILDER HARVARD | Perella Weinberg Partners
BRAD HATHAWAY | Far View Capital Management
TYLER HENRITZE |Blackstone
DAVID HOBBS | Tiger Eye Capital
ALESSANDRO LUONGO | TowerBrook
DOUG ROSS | Polygon Global Partners L.P.
EDWARD SOBOL | Welsh, Carson, Anderson & Stowe
DOROTHY SUMPTION | Sankaty Advisors
LOREN WARD | Merrill Lynch
KARTINI WILSON | Man Investments

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